According to General Administration of Customs China imported 8.73 million mt of bauxite in December, up 13.32% month-on-month and 16.4% year-on-year.

According to SMM data, the weighted average full cost of alumina refineries in China was 2,604 yuan/mt at the end of Q4 2021, a drop of 407 yuan/mt or 13.5% from the end of Q3 2021, but up 14.7% from the same period of 2020.

As of December 13, the bauxite prices with an alumina to silica ratio of 5.0 and an alumina content of 58% in Jinbei county of Shanxi stood at 400-450 yuan/mt (including value-added tax (VAT), excluding resource tax) on a delivery to factory basis.

The President of Indonesia reiterated his plan to halt the exports of all commodity raw materials today, which will suspend the exports of bauxite in 2022, copper in 2023, and tin in 2024.

As of this Friday, the SMM weighted average alumina price index stood at 3884 yuan/mt, an increase of 64 yuan/mt from before the holiday; Shanxi reported 3850-3950 yuan/mt, an increase of 100 yuan/mt from pre-holiday; Shandong reported 3850-3900 yuan/mt, an increase of 75 yuan/mt compared to before the holiday; Henan reported 3850-3950 yuan/mt, an increase of 50 yuan/mt compared with pre-holiday; Guangxi reported 3700-3700 yuan/mt, Guizhou reported 3800-3900 yuan/mt, both flat from before the holiday; Bayuquan reported 3900-4050 yuan/mt, an increase of 75 yuan/mt from before the holiday.

China's aluminium import and export in March 2018.

After aluminium prices fell as the US eased sanctions on Russia, SMM believes that prices are likely to gain some support from the high prices of alumina

China imported 6.1 million mt of bauxite in February, up 43.7% year on year, latest customs data showed

China’s bauxite imports in February grew 43.7% year on year to stand at 6.1 million mt, according to Chinese customs.

China’s production of 10 nonferrous metals amounted to 53.78 million mt in 2017, up 3% from a year ago, according to data released by the National Development and Reform Commission (NDRC).